Research Catalog

China's exchange rate regime

Title
China's exchange rate regime / China Development Research Foundation.
Publication
Abingdon, Oxon ; New York : Routledge, 2015.

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TextRequest in advance HG3978 .C45 2015Off-site

Details

Additional Authors
Zhongguo fa zhan yan jiu ji jin hui, author. http://id.loc.gov/vocabulary/relators/aut
Description
lx, 262 pages; 24 cm.
Summary
"The imbalance between China's currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China's exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that further reform is still needed. This book reports on a major research project undertaken following the 2005 reform to assess the impact on China's economy. It considers the impact in a number of areas of the economy, including export-oriented companies, the banking industry, international trade, international capital flows, and China's macroeconomic policy. It concludes that the policies pursued so far have been correct, and that further reform, both to the exchange rate, and to the system overall, would be desirable, but that any reform should be gradual and incremental, preserving economic stability, and integrating changes with reform in other parts of the economy"--
Series Statement
Routledge studies on the Chinese economy ; 57
Uniform Title
Routledge studies on the Chinese economy ; 57.
Subjects
Bibliography (note)
  • Includes bibliographical references and index.
ISBN
  • 9781138819375
  • 1138819379 (hardback)
  • 9781315744544 (ebook) (canceled/invalid)
LCCN
  • 2014022741
  • 99962436167
OCLC
  • 881208329
  • ocn881208329
  • SCSB-9397524
Owning Institutions
Columbia University Libraries